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Financial
Distress signals
Property profile

6400 57th Ct Tamarac, FL 33321

OFF-MARKET
Drug stores
Property ID
US18-3453573
16,419 SF 1.99 ac lot Built 2000
Last sale Apr 2024 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Walgreens retail investment property in Tamarac, Florida (Fort Lauderdale MSA), configured as a single-tenant pharmacy/retail facility with approximately 16,419 square feet of building area. The property is operated under an absolute NNN lease structure, with Walgreens as the tenant. The lease included an initial term measured in years and provides for multiple extension options totaling twelve additional five-year option periods. Rental payments were structured with periodic 5% increases every five years, including at the start of each option period.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$110k
Tax billed · 2023
Assessed value$4.71M
Assessed land$1.39M
Assessed improvement$3.33M
Effective rate2.34%

Value estimate

· Oct 2026
$7.00M
$6.30M – $7.70M
AI approach$7.00M
CAP approach$4.50M
Submarket $/SF estimate$9.36M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$379/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$215 – $570
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU-G
This district is intended to encourage the creation of community-serving mixed commercial and residential development at a higher scale t...
General categoryMIXED_USE
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.6
Parking Facility13.7
Realty agency13.2

Location

6400 57th Ct Tamarac, FL 33321-5702
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8106 University, Tamarac, FL 33321-1708 $5,100,000 Nov 2024 34,422 SF
6570 University, Tamarac, FL 33321-4001 $2,725,000 Dec 2020 16,315 SF
7118 Nob Hl, Tamarac, FL 33321-1841 $3,850,000 Nov 2020 30,507 SF
7401 7515th Nw 57th, Tamarac, FL 33321 $14,400,000 Mar 2020 20,854 SF
6005 University, Tamarac, FL 33321-4608 $4,100,000 Dec 2019 21,180 SF
8790 Mcnab, Tamarac, FL 33321-3214 $22,750 Mar 2019 15,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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